Intergenerational effects of Higher education (Master's Thesis)
Abstract :
We develop a theoritical model of postsecondary education by exploiting two empirical facts. First, lowering net tuition price does have an effect -sometimes a small one - on enrollment to postsecondary education. Second, sibblings from educated parents have more chances to enroll and succed than those from uneducated parents. We then show that a tuition subsidy is a pareto-amelioration and that usual econometric measures of elasticity do not capture intergenerationnal effects. We also show, based on gini coefficient, that tuition subsidy is fair both on intra-generationnal and inter-generationnal grounds.